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in with a safety plan to safeguard russian deposits in cyprus. steve sedgwick is in moscow where he caught up with the finance minister there an hour or so ago. steve? >> they turned to russians once again. there's a loan on the table from russians dating back from 2011 so it's not the exception to it the rule for the cypriots to turn to the russians. the russians themselves are indignant they weren't brought into talks. let's hear what he had to say earlier on about the state of the current talks. >> first meeting very constructive. very honest discussion. we underscored how difficult the situation is and we'll now continue our discussions to find a solution by which we hope we will get some support from russia. >> in terms of that support, are we talking about a change of terms for the current existing 2.5 billion euro loan and an extension of 5 billion loan in addition to that? >> we are talking about things beyond that. >> in what way would this be beyond that? >> we don't know. we don't know yet. we don't have any details. we just continue the discussions and they're waiting for us now t
. >>> it is tuesday march 19th, i am brian flores. >> good morning for waking up with us early, almost 4:30 steve paulson. almost 4:30 a.m. it is 4:28. >> we had light sprinkles and we have some light rain today, a few high 60s, here is sal. >>> highway 4 as you come through, it is not a bad commute at all, and it is not bad on 680 as you drive towards walnut creek. and on the san mateo bridge looks good going out to the high-rise. >>> happening right now, pope frances has been officially nominated to serve the poor evident and the week -- poorest and the weakest. six hours ago he was given a key symbol, before being installed he circled st. peters square in an open vehicle which was not surrounded by broke glass and he bent down to kiss the disabled man in the crowd. they watched the installation and vice-president joseph biden watched the mass. >>> a woman is in the hospital after being hit by a car in concord. police tell us the woman is 20 years old and is expected to survive her injuries. the man who hit her is cooperating with police and did not appear to be intoxicated. >>> it happened in
morning news. >>> well, good morning, it is tuesday march 19th, i am dave clark. let's check in with steve paulson for the weather. >>> low cloud cover will continue to stream in and light rain later on more likely for the evening commute, here is sal. >>> right now traffic on 680 is moving along well as you drive passed the mission boulevard exit. also on the san mateo bridge, it's nice all the way out to the peninsular. it is coming up on 5:00 let's go back to the desk. >>> they are now vowing to serve the poorest and the weakest. six hours ago pope frances has given a key symbol. before being installed to the st. peters' square in an open vehicle which was not covered by bullet proof glass and he broke protocol to kiss a disabled man's head. many packed in and you can see the greetings going on and we take you there again live, vice- president joseph biden was there for the inn tall layings mass and he -- installation mass and he shook hands during a meet and greet and vice- president joseph biden was among the political leaders from 130 nations attending the ceremony. >>> janine de la
, obviously three developing stories and we're going to cue you in on all of them right now. the fed, steve liesman is in washington. russia's financial overtures toward cyprus. steve is live in moscow and then there's cyprus and the impact there on the rest of europe and the globe. michelle caruso-cabrera has made the trek to that small island nation that is right now ground zero for europe's financial problems. michelle? >> reporter: hi there, tyler. the latest is the president says he's going to meet with parliament tomorrow morning. there's still no plan here. in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities. then they said we're also going it try t
morning, thank you for joining us tuesday march 19th, i am pam cook. steve, if if you were them, would you grab an umbrella? >> yes,i would. if you are heading out tonight you might need that umbrella, and tonight you can see cloud cover and there is a little bit more rain coming in, 50s and of 0s -- 60s to near 70s, here is sal. >>> there is a crash in richmond we will tell you about, and traffic looks good at the bay bridge toll plaza, 237 looks good, let's go back to the desk. >>> pope frances is now vowing to serve the porest -- poorest and the weakest. six hours ago pope frances was presented with a key symbol. he went through the open top vehicle which was not surrounded by bullet proof glass. he is being called the people's pope and he broke float tow call and kissed a disabled man in the crowd. >> he has the passion for things that really motivate him. >> more than 150,000 people packed st. peters' square for the installation. >>> a car fire really spread to headquarters in alameda. it happened just after a crowd which was behind the oakland airport. the building was not burned
and there is still a mess coming in from panola richmond let's go to steve. >>> already, thank -- all right thank you sal. weekend looks good, mostly sunny mild maybe even warmer by sunday and we have a weak system coming in and this looks like a one and a half and done, but the main area of dynamics that will not affect us but that's one we have to wait for. mostly cloudy and then cooler rainfall projections to -- to a 10th of an inch and snow level shows a mild to warm system and snow levels will be high. not much rain, there are a couple of little breaks but clouds begin to roll back in and 40s and 50s on the temperatures and cloud cover held up and i don't think it will change much here. yesterday we had 30s and 40s. although the atmosphere is getting juiced up, cloudy, rain, kind of a light rain for the evening commute and 60s and 70s, i am a little hesitant to go with the 70s but most of the computer models did go with 70s. low clouds and high clouds and more of a westerly breeze, with your weekend always in view, it is looking good >> >> it could be easie
bernanke speaking today. our steve liesman says you might want to listen to what another person from the fed is saying. steve, what's that all about? >> sue, i want to talk in just a second about new york fed president bill dudley, talk more directly about monetary policy. first a word on fed chairman ben bernanke. he's speaking in london with mevvin king, outgoing head of the monetary policy committee there. he broadly supported all the global monetary policy easing for central banks around the world, say k effectively it was not currency. here's what he said. >> because stronger growth in each economy -- these policies are not -- rather they are positive sum enrich thiy neighbr actions. >> what he's saying is what japan is doing is okay. new york fed president bill dudley, he had some very strong words for critics of the federal reserve who say that the fed is potentially going to be losing money through its current quantitative easing policy. let's give a listen to his comments today at the new york economic club. >> the fed is a central bank, not an asset management company. our
. steve sedgwick is there and asked a question of the two leaders. >> are we proving time and time again in europe that we're not understanding the russian national interest over issues such as cyprus, over issues such as trade in wto, energy and elsewhere? >> i believe i understand the position of russia. i believe why russia has that position, but we have another perception and reality. the question is, is this a real obstacle for achieving progress? for instance, we have discussed today here for trade, investment, energy to mobility. i don't think it is. >> and michelle caruso cabrera will join us with more in the next hour. >> customers, by the way, are finally going to be able to get their hands on the blb 10 today. jackie deangelis has more on this debut. jackie, i know joe is a skeptic now that he's a new i tone -- >> my life is so enriched. >> but i am still completely reliant on this thing. this one doesn't even have the real keyboard, right? >> right. and you make a really good point. a lot of people are still relying on the blackberry. it does go on sale at at&t here today. i
there a little bit about cyprus. does it matter, do we care or not? will we get a deal? checking it out. steve sedgwick in moscow earlier today. russia's been a big player in this drama but our international correspondent, chief international correspondent michelle caruso-cabrera is in cyprus for us now. michelle? >> reporter: tyler, the situation in cyprus is incredibly unclear and increasingly chaotic. the parliament of this country was supposed to vote ten hours ago to pass a law that would allow them to restructure the banks. we're still waiting. it's unclear if they are going to vote today at all. at the same time we're getting reports that maybe the european union is going to demand even more from this country. hours ago we were told by the leader -- the head of the leading party that they were extremely close to a deal and yet we still wait. the same time it's growing increasingly chaotic in this country's economy because the banks are still closed. they have been closed for seven days now. it looks like they will be closed for at least ten days. that means people running businesses can
's quarterly results and guidance perhaps a little bit disappointing. let's get back to our guest host steve romack for the last words. you like aon. it's one of the larger positions. >> only 20% comes from the u.s. of the revenue -- is that what you said? >> 20% of the companies that we hold. 20% are domiciled in the u.s. and 50% come from overseas and a lot of the things we're finding lately have been a special situation. we were long renault and short nissan because we were able to create the stub at a negative $5 billion euro valuation with the company that has great balance sheet and cash flowing positive and we're long vodafone and short verizon because vodafone owns 45% of verizon wireless and verizon owns 55%. we were creating the stub at a pretty inexpensive price. >> anything else that you like? >> you don't like the consumer. >> we're cautious. we're scared of how the government keeps putting money in people's market. the government trumped 2.4 million jobs and they didn't talk about the 1.9 million people on food stamps and snap program. so we're just very, very cautious. >> you'
of a bounce, i don't see much selling off. >> all right. dead money. steve, what about you? you worry about this sales stumble? >> bill, i really do. i will tell you, the way oracle talked about its sales force, i don't think that those folks today are playing hooky from work and watching the ncaa tournament. i think they're making a lot of calls today. >> you think? >> but i don't know that it's just oracle-specific. i think it might be broader and more about technology capex spending. if you look about a month ago, we saw the purer cloud plays, and oracle is struggling right now in the cloud, but the purer cloud plays, companies like rack space, they dipped down about a month ago. now we're seeing the bigger, older tech giants like oracle, like cisco, for instance, start to similarly trail off. i think it is a sign that the global economy is weak, and companies, while they are very profitable, they are not reinvesting those profits into capex spending, whether it be in technology or elsewhere. so i think it's troubling for technology as a whole. >> wait a minute, are you guys agreeing wit
kimmel live". >> we have money from walking dead steve young here and jennifer like hewitt. dead steve young here and jennifer like hewitt. um, hello. these ugly stains are ruining my good looks and style. and good luck using that cleaner. excuse me, miss ? he's right. those are tough hard water stains, and that cleaner's not gonna cut it. truth is, 85% of us have hard water and many don't even know it. you need lime-a-way. lime-a-way is specially formulated to conquer hard water stains. it's 4 times more effective at removing lime scale than the leading bathroom cleaner. see the lime-a-way difference or your money back. >> gay slur made at famous san francisco night club making news across the country. singer song writer michelle went on rant during a show last might that led more than half the audience to walk out. tonight show goers still outraged and the singer already paying appraise. john is here with the story. >> fans of my shell were simply expecting to enjoy one of the favorite singers but instead they walked out in disgust about an hour that the music. and she did something
that apple is at risk of having a dusty product? >> well, i think you have to separate two things. steve jobs only gave you one product and he told you you'd like it and you did. tod today, unfortunately, a lot of consumers may want a bigger phone and a new phone and apple is not giving you the breadth and the product line that a lot of us would like. i don't know if you call that dusty or not, but what i would say is you don't have a lot of choice. when the iphone first came out it was the only thing out there that could do what it did. today, i would argue samsung makes a better phone and the good thing about an cell they have a great ecosystem in i tunes. i have over 1,000 songs and books and movies in there so that kind of keeps me locked in so i'm probably not going to be able to move to a samsung phone, but in emerging market countries where you're buying your first phone, don't forget, apple's total share of the handset business is 8%. so the other 92% that have other phones, you know, they may move to samsung and apple may lose out on those future sales and that's -- whether it's a du
of concerns. >> let's also bring in steve leaseman and rick santelli for more reaction. why don't you start off with your views with what you're hearing from people there when you're looking attic movements. what really jumps out to you? >> i'll tell you what, and i am totally serious about this. when i walked in, this is a little earlier than our regular time. people are walking around, taking care of issues from friday. people have come up and said i understand this is a little island with a gdp that's in fan tess mal. i'll tell you what, i'm kind of shocked that it made that jump. i understand that at a time where computerization allows every government on the planet to track and have say complete financial audit trail of everything anybody has, whether it's in this country, 401(k), deferred retirement account. there's a rule of law issue here that's not only going to bug people in cyprus but it's going to bug everybody around the globe. that last comment you played is ridiculous, we'll never do it again. it is absolutely beyond belief. but this really is a shot across for anybody who ha
potential life safer. >> later on "jimmy kimmel live". >> we have money from walking dead steve young here and jennifer like hewitt. so if you have a flat tire, dead battery, need a tow or lock your keys in the car, geico's emergency roadside assistance is there 24/7. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a flat tire!!! well it's good... good for me. what do you think? geico. fifteen minutes could save you fifteen percent or more on car insurance. >> gay slur made at famous san francisco night club making news across the country. singer song writer michelle went on rant during a show last might that led more than half the audience to walk out. tonight show goers still outraged and the singer already paying appraise. john is here with the story. >> fans of my shell were simply expecting to enjoy one of the favorite singers but instead they walked out in disgust about an hour that the music. and she did something it never did before. it stopped a show. ♪
to within a few of an all-time high. steve leaseman tells us where we go from here. >> the federal reserve voting 11 to 1 to keep its policy in place and purchasing $85 billion a month in treasury and mortgage-backed securities in an effort to drive down long-term interest rates. but the federal reserve chairman in the press conference after the statement came out, suggested that the fed may reduce the amount of monthly purchases if he sees sustained improvement. >> we are seeing improvement. i think one thing we would need is to make sure that this is not a temporary improvement. so we've seen periods before where we had as many as 300,000 jobs for a couple of months and then things weeken again. i think an important criterion would be sustained for a number of months. >> significantly, the federal reserve did reduce its outlook for unemployment in the united states. the fed saying that it sees unemployment falling to 6.85% is in in 2014. that's the first time since the fed has been forecasting and making those public that it's been below 7%, a quicker pace of improvement in the unemploym
would lose badly. these creative geniuses make a big difference. we talk about the return of steve jobs, apple or what howard schultz could do with starbucks. absolutely, this guy has to be a part of equation if the shareholders and customers are going to come out on top. >> but if shareholders can get more from blackstone or more from carl icahn and lose michael dell if the process, maybe they don't care what happens next. >> that would be a shame. that's not for institution building. you take a look at -- sometimes we have some failures and i hate to say this in public markets, the pressing scrutiny is hard for some chief executives to reposition their firms the way we saw cesar had to do this. the short-term market fluctuations, they get a chance to get past speculators. this is not wild guesswork. dell has done this five, six times. nobody can be better battle tested and brilliant steve jobs only did it once. >> did michael dell make a mistake in agreeing as part of his taking private transactions to vote his shares however the other shareholders want? so that he has effectively los
, the big part of the story is russia. will russia rescue cyrus and their own tax laundering haven. steve is in moscow. >> reporter: yes they came to russia looking for financial support for their country after they brokered a deal in the terms of the european union. the russians have a lot of skin in the game, a huge amount of money flows between the two countries and cyprus has become an off shore type bank for them. in the interest of the russians to get a deal. but i spoke earlier to the finance minister of cyprus about the prospects of a deal. in terms of the support are we talking about a change of items for the current -- change of terms for the 2.5 billion euro loan and more in addition to that? >> no we are talking about it in terms beyond that. >> what terms would those be? >> we don't know yet, we don't know yet. we don't have any deals and we are continuing the discussions and they are waiting for us for discussions in another place. >> how long will the discussions take? >> we will be here until we get some agreement. it appears that late in the day, larry, we have not got a
that the cyprus crisis will not be fixed any time soon and will come with serious consequences. steve sedgwick is standing by with the latest from there. but first our own michelle crew c caruso-cabrera is live in cyprus. >> reporter: the situation here grows increasingly desperate. they're down to the wire. cyprus government has to make a decision about what they're going to do. look at the lines that have started to form at nearly every atm of the bank here in cyprus, this liky is considered one of the weakest. they're still able to get money out of the atms in cyprus though banks have been closed all week and won't reopen until tuesday at the earliest. people in line are quite frightened because they know that this is the weakest bank and there had been rumors about it. it is likely to be part of any consolidation effort is that ultimately is what happened. that's every single day likely to be the case. listen to what one man said. he's been taking out money every single day. >> i just took $1,000. i've been taking $1,000 every day. personally i'm taking this money and cash with me to the u
that johnny carson performed in and the great steve allen. >> jimmy fallon, couldn't be a nicer guy. >> a nice guy. >> funny guy. >> great guy. >> a good move. >> it's a good move. >> one of the generational changes upon us. >> the. >> seriously if you think about kimmel and fallon. i think the only premier generation left is letterman. >> my generation? >> the geriatric old man. >> let's go to politico. i did have a mcdonald's story for you. >> he has done very well in the ratings. a little back and forth between him and the executives. you telling me if i compare my boss to snakes, you're saying that might hurt my career trajectory? >> it's not traditional. >> it is not a traditional matter, of course. >> okay. we will get to that later. >>> bus is the chief white house correspondent for politico, mike allen is here with the morning playbook. mike, good morning. >> good morning, mika. >> in today's behind the curtain column you say the gop now belongs to senators marco rubio and rand paul. how so? >> you might as well call it the rand/rubio party, because the energy, the excitement and the p
the keyboard. >> i'll tell you what's ironic, when i went to my college reunion. steve ballmer was using a nokia. why? microsoft -- >> exactly. he said look at this. oh, my god, i've never seen one of those. >> because nobody has one. >> if he'd pulled out a blackberry, it would be game, set, match, right? everything is riding on this blackberry thing at this point given what the stock has done. if there's anything less than a blockbuster, what happens to the stock? >> i think that -- yes. i think we're in the first 48 hours thing and we'll will have one of those things and if it's a dud, but the press reports have been pretty good about it, and i think there are people who are still wedded to the keyboard. i think it's okay. >> i think it depends on how you're valuing the stock. there are some analysts throughout in their models they assigned nothing in the device part of the business. >> that was that great -- the sum of the parts analysis and unfortunately the parts are together right now. so the only time we'll see that value is if parts are actually apart. >> a lot of breakup analys
in the biggest worry to me is the effect of this whole union of the think banking commit pep steve liesman was talking about it this morning and i think he's right. there will be people slowly moving deposits out of the higher risk countries and maybe into the u.s. and the uk, as well. here's what to look for. april 4th and that's the ecb meeting. watch what mario draghi has to say about that and that he'll make liquidity more available to banks. remember those ltros that they did about a year ago. don't be surprised that they dragged those things out again and everybody was talking about the weak top line growth. there is the company that has to be the envy for everybody looking for top line growth. their projected sales for 2014 and 10% to 12% increase and take out all of the new stores and same-store sales growth, 4% to 6% and those are really good numbers and that stock's up today sitting at a six-month high and i want to see a big welcome to people on the floor and we have ice traders on the floor and intercontinental exchange and they have 40 new traders in the blue room and they'll
to the audience. if you have a question, please state your name and who you represent. do it.steve association for career and technical education. the skills gap is very connected to a lot of our courses. my question is about, on the education pipeline you mentioned certifications. you mentioned some students can start right out of high school, though probably most will have to have some post secondary. what iwe better connect call march additional academic education with this discussion -- more traditional academic education with this discussion? oftens and students choose a track based on perception, and there's not enough discussion discussion about how these to connect together and what the opportunity is for students. just wondering if you have thoughts about that. a sense of create value and excitement and understanding, again, around these careers. in large measure, it is there on the i.t. side. on the manufacturing side, people need to understanding, they are going to have a job paying $60,000 and they are 23, 24 years old and their debt is zero. instead of $80,000 in debt, they will h
management technique is, it's all about people. it i think steve burke believes the same thing. it takes time to put your team together. you never did it just right, and you always are making some changes, but i think we have it pretty close to just right now. a super person taking shows. he is going to use grief when it fails and praised when it succeeds in there will be more of that attention going. we have the same thing in news, the same thing in sports, the same thing in movies. we had coming you know, but ted, some really good ones, some not so good ones, but that is the nature of the content business. for me personally you have to try to be more even than not go so high and go solo and try to continue to look at the people. really good at making the best decisions? you giving them the tools connect the thing that we found, and this is -- a wonderful partner. it just wasn't right any more to go make pilots hoping to find an exit. they could build power plants somewhere else or energy. and so all parts of the company were getting less capital and less investment and less attention and i
Search Results 0 to 24 of about 25 (some duplicates have been removed)